Buying This Dip Is Better Than Cash: BNY Mellon Wealth CIO

By Janet Levaux

News April 19, 2024 at 12:29 PM

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Sinead Colton Grant expects the rally to broaden based on strong earnings growth and economic momentum.
BNY Mellon Wealth is overweight U.S. large-cap stocks, preferring them to international and emerging-market equities.
Earnings are the key for stocks to rise from here, and the group sees 11% profit growth in 2024.

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